Homes By Muir - Cromwell Abbey

Muir is delighted to present Cromwell Abbey, Ramsey, Cambridgesire.

This development will feature 3 bedroomed homes available to purchase as shared ownership which will be handed over in September 2024.

These homes have been developed by Bovis Homes. Each new-build home has been carefully designed to offer spacious, practical fitted kitchens, comfortable living spaces, well planned bedrooms and attractive exteriors. Every aspect of your new Muir home is carefully finished to the highest standard and the development is designed to compliment the surrounding bustling town of Ramsey.

With a wide range of local amenities and excellent transport links from where trains run to London St Pancras taking less than an hour, Ramsey provides an excellent environment, ideal for both growing families and professional commuters.

Full Market Value: £287,500

40% Share Value: £115,000

Rent on unowned share: £395.31

Service Charge: £24.99 PCM

Council Tax: Council tax bands are often not released until the property is complete.

•  Fully fitted kitchen with oven, hob and extractor fan
•  Vinyl flooring to kitchen and bathroom
• Two parking spaces
•  Downstairs cloakroom
•  Double glazing and high performance insulation throughout
•  Electrically wired smoke detectors
•  Private turfed garden
•  10 year new homes warranty

Eligibility

• Have a combined household income under £80,000 per annum
• Not already own a property, or part of a property, at the time of completing on your purchase
• Be unable to purchase a suitable home to meet your housing needs on the open market.

Information on Shared Ownership;

If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 40% and 75%) and pay rent on the remaining share. You could buy bigger shares when you can afford to do so which is referred to as 'staircasing' and the more shared you own, the less rent you pay. Muir Housing Group offer 'staircasing' to 100% ownership.

Management and estate charges apply.

*Images are representative only